Boeing books 30 787 orders for the week

Emirates Air wants 10 747s

By

PadraicCassidy

NEW YORK (MarketWatch) -- Boeing Co. booked 30 new orders for its 787 Dreamliner plane in the last week, including 10 from an unidentified buyer, according to updated figures on the aircraft maker's Web site Thursday.

The new net orders for aircraft totaled 753 through Oct. 10, up from 723 the week earlier.

Twenty of the new 787 orders came from Singapore Airlines, with deliveries scheduled from 2011 through 2013.

Boeing
BA, +0.39%
said last week that Singapore Air, which hasn't yet decided on a supplier for the plane's engines, will use the jets on routes to Asia, the Indian subcontinent and the Middle East.

The aerospace giant also listed Emirates Airlines as the previously unidentified carrier that placed an earlier order for 10 747s.

Shares of Boeing, a Dow component
DJIA, -1.35%
rose 2.5% to $83.65 in afternoon trading. The Chicago-based company is scheduled to release third-quarter results Oct. 25.

The world's other dominant aircraft maker, Airbus, has faltered on production delays for its new superjumbo A380 jet and is close to making a decision on future design of its A350XWB, which is a main competitor to Boeing's 787.

Airbus is owned by European Aeronautic Defence and Space Co., a pan-European company. Those shares (005730) gained 1.7% in Paris trading.

EADS confirmed Monday that Christian Streiff, chief executive of its embattled Airbus division, resigned after just three months in the job. Streiff unveiled a radical restructuring plan in the wake of costly delays in the deliveries of the A380. But he reportedly felt frustrated and isolated after the board of EADS failed to immediately support the plan, dubbed Power8. See full story.

Emirates, the A380's biggest customer with 43 orders, said last week that it was reviewing all options.

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